@Anonymous can you confirm the score version that is showing a 10 point drop please? You were asked upthread but your response indicates you are unsure - and I don't think there was any further discussion (unless I missed it?).
It makes a big difference whether you are viewing a FICO score or Vantage score and would help us figure out why the drop occurred if we knew the score model and version. Knowing the differences will also help you better manage your reaction to score changes.
It's doubtful your FICO score dropped due to the closure of an account which apparently had no bearing on your overall utilization which remains at 2%. Vantage scores, on the other hand, are much more volatile to a changes to your profile.
@Anonymous wrote:^^^ agreed. You mentioned that you watch scores from various sources. Please list them and we can tell you if they're FICO or VS3 scores. Many sites offer VS3 which does react much more severely to minor changes. It also is a model that almost no one cares about.
+1
@Anonymous wrote:Appreciate the reminders to check where all my scores are coming from. You are all correct in that Vantage is more volatile. I've reviewed all 3 reports extensively and they have mostly the same info, with a few variances in hard pulls, and Experian being the only one that has one disputed CO removed, and shows both the 2% and 28% utilization. Here is the current state of my various score sources.
Experian (FICO) - 644 - Up 2
Credit Union (FICO) - 649 - no change
Creditwise (Vantage) - 655 - Down 14
Credit Karma/TU (Vantage) - 662 - Up 7
Credit Karma/EQ (Vantage) - 675 - Up 3
This is with 4 CAs and a CO from 2015 and 4 current revolvers all < 2 years, exceptional payment history, and AZEO.
Experian is FICO 8 --- does your subscription only provide a monthly score update? If so, what is the date of the last update?
Credit Union (FICO): Which FICO? You need to read the FAQs or small print on the credit union site to determine which FICO score version they are providing. Also, what is the date of this score? Is it current or does it lag by a month (scores provided by lenders are often a month behind)?
Creditwise is providing your TU Vantgage score. Again, you should note the date the score was pulled. This is the same score provided by Credit Karma so the difference in scores is due to the date the scores were pulled and the report activity that occurred between that time.
There's nothing wrong with monitoring both your Vantage and FICO scores, but you cannot conflate them. A score change in Vantage will not necessarily reflect an equal score change on FICO. There are also numerous (28) versions of FICO -- so you need to know which version (as well as from which bureau) you are viewing to understand why it may not match the FICO 8 version provided by Experian. Knowing the date of each score is hugely important -- your scores change all the time as the data on your reports update; a score from last week may be very different than a score from today if you had changes occur.
It is not possible to determine if the closure of your credit card account caused the changes in the FICO and Vantage scores you've listed without knowing the dates of each score and the date your account reported as closed.